Well, I am here to bring you some good news for a change. Back in 1979 Placer County passed Proposition 8.

Those homeowners living in Placer County, Roseville, Rocklin, Lincoln, Granite Bay, Auburn etc, Proposition 8 Decline in Value is worth taking a look at to see if you qualify in order to reduce your real estate property tax.

This does not apply to Supplemental Tax but to regular property tax billing. Click on Placer County Proposition 8 to view details or download the 2008-09 Request for "Decline in Value" Review.

So where there is bad news there is also good news. Each county has similar forms to use. Typically, those who purchased homes from 2005 will find a decrease in their real estate market value.

Take the time to review the information on Placer County Assessor website and download the form. You may find that you save yourself a little bit of money.

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Other Tax Reduction Articles:

Property Taxes-Something for Homeowners to Consider

Do You Pay Too Much in Property Tax?

First Time Homeowner Tax Deductions